On January, 18 Analysts See $0.37 EPS for Schlumberger Limited (SLB)

Schlumberger Limited (NYSE:SLB) Corporate Logo
Big Money Sentiment increased to 0.97 in 2018 Q3. It has change of 0.01, from 2018Q2’s 0.96. The ratio improved due to Schlumberger Limited positioning: 62 sold and 512 reduced. 112 funds amassed holdings and 446 increased holdings. Investors holded 1.04 billion in 2018Q2 but now own 1.02 billion shares or 1.46% less.
Alpha Cubed Invests Ltd Liability accumulated 7,454 shs. Guinness Atkinson Asset has 16,200 shs for 0.63% of their capital. Wms Prns Ltd holds 6,981 shs or 0.05% of its capital. Prudential Finance Inc holds 0.14% or 1.57 million shs. Murphy Pohlad Asset Mngmt Lc holds 43,795 shs or 1.64% of its capital. Cohen Capital Mgmt reported 59,031 shs. 236,808 were accumulated by Cibc World Markets. Meiji Yasuda Life Insur Com owns 41,064 shs for 0.31% of their capital. Foster Dykema Cabot & Communication Incorporated Ma holds 0.58% of its capital in Schlumberger Limited (NYSE:SLB) for 58,574 shs. Whitnell has invested 0.51% in Schlumberger Limited (NYSE:SLB). United Asset Strategies holds 0.93% of its capital in Schlumberger Limited (NYSE:SLB) for 65,071 shs. White Pine Cap stated it has 5,393 shs. Waverton Inv Mgmt Ltd invested in 4.98% or 1.66M shs. New Mexico Educational Retirement Board invested 0.29% of its capital in Schlumberger Limited (NYSE:SLB). Korea Invest owns 0.32% invested in Schlumberger Limited (NYSE:SLB) for 1.13 million shs.

Schlumberger Limited registered $2.54 million net activity with 2 buys and 1 sale since September 6, 2018. On Thursday, September 6 $482,480 worth of stock was bought by MARKS MICHAEL E. The insider AYAT SIMON sold 60,000 shs worth $3.40 million.

Schlumberger Limited (NYSE:SLB)’s quarterly earnings will be revealed on January, 18 before the open., RTT reports. Analysts forecast $0.37 EPS, which is $0.11 down or 22.92 % from 2018’s $0.48 EPS. The profit will be $512.38 million for SLB if $0.37 EPS becomes true. Wall Street now forecasts -19.57 % negative EPS growth despite Schlumberger Limited previous quarter’s EPS of $0.46. The stock increased 1.24% or $0.5 during the last trading session, reaching $40.67.Schlumberger Limited has volume of 13.07 million shares. Since January 9, 2018 SLB has declined 32.38% and is downtrending. SLB underperformed by 32.38% the S&P 500.

Schlumberger Limited (NYSE:SLB) Ratings Coverage

In total 8 analysts cover Schlumberger (NYSE:SLB). “Buy” rating has 4, “Sell” are 0, while 4 are “Hold”. 50% are bullish. With $82 highest and $44 lowest price target Schlumberger has $62.43 average price target or 53.50% above the current ($40.67) price. 12 are the (NYSE:SLB)’s analyst reports since July 23, 2018 according to StockzIntelligence Inc. On Tuesday, December 11 the firm earned “Neutral” rating by JP Morgan. On Wednesday, September 26 the rating was maintained by Jefferies with “Buy”. The company rating was maintained by Credit Suisse on Monday, July 23. On Monday, November 26 the rating was upgraded by HSBC to “Buy”. On Monday, October 22 UBS maintained Schlumberger Limited (NYSE:SLB) with “Buy” rating. On Monday, September 17 the firm earned “Overweight” rating by JP Morgan. On Monday, October 22 the rating was maintained by Citigroup with “Buy”. On Wednesday, December 19 Credit Suisse downgraded Schlumberger Limited (NYSE:SLB) rating. Credit Suisse has “Neutral” rating and $44 target. The company rating was maintained by Citigroup on Friday, January 4. The company rating was maintained by Citigroup on Monday, July 23.

Schlumberger Limited supplies technology services and products to the gas and oil exploration and production industry worldwide.The company has $56.32 billion market cap. The Company’s Reservoir Characterization Group segment provides reservoir imaging, monitoring, and development services; wireline technologies for open and cased-hole services; slickline services; exploration and production pressure and flow-rate measurement services comprising surface and downhole services; software integrated solutions, such as software, consulting, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; and petrotechnical data services and training solutions, as well as integrated management services.Currently it has negative earnings. The Company’s Drilling Group segment designs, makes, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems; provides pressure drilling and underbalanced drilling solutions, and environmental services and products; mud logging services; land drilling rigs and support services; and well planning and drilling, engineering, supervision, logistics, procurement, contracting, and drilling rig management services, as well as bottom-hole-assembly, borehole-enlargement technologies, impact tools, tubulars, and tubular services.

Schlumberger Limited (NYSE:SLB) Institutional Investors Chart

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